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Add as a preferred source on GoogleEther Short Worth $26.64 Million Faces $2,419 Liquidation Price
The short began with 13,830 ETH valued at $32.72 million; a rebound to $2,409 triggered the forced closure of 2,765 ETH worth $6.66 million.
Mentioned assets
An unidentified whale's Ether (ETH) short position was valued at $26.64 million after a rebound to $2,409 led to a partial liquidation. The remaining position had a liquidation price of $2,419.
The short was opened at $2,366 and involved 13,830 ETH, worth $32.72 million. During the rebound, 2,765 ETH valued at $6.66 million were forcibly liquidated.
A short position is structured to gain if an asset's price falls. A liquidation closes a position under an exchange's trading rules.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.